Here are the ten most popular news articles, week ending March 6th 2022, covering catastrophe bonds, ILS, reinsurance capital and related risk transfer topics. To ensure you never miss a thing subscribe to the weekly Artemis email newsletter updates or get our email alerts for every article we publish.
Ten most read articles on Artemis.bm, week ending March 6th 2022:
- Another one bites the dust – Florida’s insurance failures continue
Florida’s insurance carrier challenges persist with another company headed into insolvency and analysts saying that almost half of the smaller Florida-dedicated homeowners carriers they have tracked have failed to make a go of it.
- Australian flood loss seen up to A$2bn, with reinsurers on the hook
Global reinsurance markets are expected to bear the brunt of the Australian east coast flood losses, according to S&P Global Ratings, while claims reported have risen further.
- Tremor launches UNL, parametric & blended retro buying options
Tremor Technologies, the insurtech with a technology-based programmatic insurance and reinsurance risk transfer marketplace, has launched impressive specific functionality to allow buyers and sellers of retrocession to trade in UNL, parametric and blended products.
- BMS Capital Advisory CEO Romulo Braga departs for AMS
Romulo Braga is departing from his position as CEO of BMS Capital Advisory, Inc., the broker-dealer, investment banking, ILS and capital markets arm of insurance and reinsurance brokerage BMS.
- Digital marketplace for index-based longevity risk to open in Bermuda
A world-first digital marketplace for trading in index-based longevity risk is set to open in Bermuda, insurtech Longitude Exchange announced
- Inigo seeks first cat bond with $105m Montoya Re multi-peril deal
Inigo Insurance, the London headquartered and Lloyd’s market focused specialty insurance and reinsurance underwriter, has entered the catastrophe bond market for the first time, seeking $105 million or more in coverage.
- Vesttoo bolsters global leadership team with hires in Europe, Korea & UAE
Vesttoo has hired a number of high-profile members to spearhead its global expansion as the company strives towards its $7 billion capacity target.
- Miller hires Duda from Markel/Lodgepine for Bermuda ILS development
Miller, the independent and private equity funded broking group, is seeking to build on its insurance-linked securities (ILS) activity in Bermuda with the hire of former Markel and Lodgepine employee John Duda.
- AXIS Capital manages cat PML’s down with pruning & third-party capital
Through 2021, Bermuda headquartered insurance and reinsurance firm AXIS Capital managed down its catastrophe probable maximum losses (PML’s) through portfolio pruning and use of third-party capital.
- PartnerRe ceded $634m of premium to Lorenz Re cells in 2021
Reflecting the significant growth in its use and management of third-party reinsurance capital over the last calendar year, PartnerRe, the Bermuda headquartered reinsurance company ceded a significant increase in premiums to its main insurance-linked securities (ILS) vehicle in 2021.
This is not every article published on Artemis during the last week, just the most popular among our readers over the last seven days. There were 34 new articles published in the last week. To ensure you always stay up to date with Artemis and never miss a story subscribe to our weekly email newsletter which is delivered every Wednesday.
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